NOT LISTED FOR SALE

615 Elliott Rd Newberg, OR 97132

Estimated Value: $1,219,000 - $2,700,000

26 Beds
15 Baths
-- Sq Ft
0.35 Acres

Last Sold August 27, 2015

Last sale price $1,200,000

Est. 73% increase in value since last sale

Current estimated payment $11,493/month

86 Days on Market

Highlights

  • Parking Storage or Cabinetry
  • Level Lot
  • Lap Siding
  • Garage

About This Home

As of August 2015

Rare opportunity! Sale also includes 625,629 and 621 Elliott. Well-kept and up-to-date 10-plex about 3 blocks from the high school and half-mile from top-ranked George Fox University. The complex is composed of one four-plex and 3 duplexes, all with attached garages, each on its own lot: a flexible investment! Consistently low vacancy rate, rents are under market. Convenient access to shopping, services, transit.

Last Agent to Sell the Property

Lisa Baker

RE/MAX Equity Group License #200507385 Listed on: 04/13/2015

RE/MAX Equity Group

Last Buyer's Agent

OR and WA Non Rmls

Non Rmls Broker License #NA

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1996

Lot Details

  • Level Lot
  • Flag Lot

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Assigned Parking

Home Design

  • Lap Siding

Interior Spaces

  • 2-Story Property
  • Washer and Dryer Hookup

Kitchen

  • Range
  • Dishwasher

Utilities

  • Electric Water Heater

Community Details

  • 10 Units
  • Property managed by Chehalem Property Management

Property Details

Home Type

Multi-Family

Year Built

Built in 1996

Lot Details

0.35 Acres

Parking

10

Listing Details

  • Property Category: MultiFamily
  • Stories: 2
  • Year Built: 1996
  • Year Built Description: Existing
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Basement Foundation: Crawl Space
  • Legal Description: 015361 SQ FT IN SEC 17 T3S R2W PARCEL 2 & 3 PARTITIO
  • Storage: Garage(s)

Exterior Features

  • Exterior Description: Lap Siding
  • Lot Size: 20,000 SqFt to .99 Acres
  • Roof Type: Composition

Garage/Parking

  • Garage Or Parking Spaces: 10
  • Parking Description: Assigned, Garage

Utilities

  • Fuel Description: Electricity
  • Hot Water: Electricity
  • Sewer: Public Sewer
  • Water Description: Public
  • Heating Description: Baseboard
  • Security Or Entry: Security Lights
  • Utilities Included: Water

Condo/Co-op/Association

  • Management Name: Chehalem Property Management
  • Management Phone: 503-554-0219
  • Unit Features: Dishwasher, Range, Refrigerator, Washer/Dryer Hookup

Lot Info

  • Lot Description: Level, Flag Lot
  • Zoning: MULTI

Tax Info

  • Tax Amount: 17700.08
  • Assessor Parcel Number: 38499

Multi Family

  • Unit Type: 1, 2, 3, 4
  • Number Of Units Total: 10
  • Gross Rent Multiplier: 12.18

MLS Schools

  • Elementary School: Mabel Rush
  • High School: Newberg
  • Middle School: Mountain View

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 13, 2005
Sold by
Klinepier Richard
Bought by
Klinepier Richard
Current Estimated Value
$2,076,453
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Klinepier Richard $357,000 Cte
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/27/2015 08/27/15 Sold $1,200,000 -10.0% --
07/08/2015 07/08/15 Pending -- -- --
04/13/2015 04/13/15 For Sale $1,333,000 -- --
Source: Regional Multiple Listing Service (RMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,549 $591,734 -- --
2024 $9,183 $574,499 -- --
2023 $8,868 $557,766 $0 $0
2022 $8,630 $541,520 $0 $0
2021 $8,397 $525,748 $0 $0
2020 $7,561 $510,435 $0 $0
2019 $7,459 $495,568 $0 $0
2018 $7,500 $481,134 $0 $0
2017 $7,972 $467,120 $0 $0
2016 $7,809 $453,515 $0 $0
2015 $7,669 $440,307 $0 $0
2014 $7,154 $427,484 $0 $0
Source: Public Records

Agents Affiliated with this Home

  • Lisa Baker

    Seller's Agent in 2015

    Lisa Baker

    RE/MAX

    (503) 476-5411

    63 Total Sales

    Lisa Baker
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Map

Source: Regional Multiple Listing Service (RMLS)

MLS Number: 15600875

Regional Multiple Listing Service (RMLS)

APN: 38499

Oregon Yamhill County Newberg 97132

615 Elliott Rd, Newberg, OR

Not Listed for Sale

MultiFamily

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